Cummins unveiled a revolutionary new all-electric powertrain in a demonstrator truck to the media on August 29, a few weeks ahead of Tesla’s planned revealing of its own electric “semi” truck. The truck is not self-driving, yet it fills a
September 3, 2017
A little over a week ago, I explained why I put the Mexican peso and the Canadian dollar (FXC) on shorter leashes. Canada’s extremely strong second quarter GDP report at the end of August just loosened that leash a little. Statistics Canada
Sorry I didn’t publish any posts last week. I have been on vacation and out-of-town. I brought my laptop with me, and I thought I was going to have time to post, but it turned out to be a much
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Another week, another escalation in tensions around North Korea. The rogue nation claims it tested a mighty hydrogen bomb. While this cannot be verified, the artificial earthquake that was detected in the region seems massive enough. The tremors of 6.3
Further to my post of August 19, the Russell 2000 Index gained the most, in terms of percent, during the past two weeks, as shown on the following graph of the Major Indices for that time period. It also rallied and closed above its 50
Over the course of my vacation, I have seen markets go from a nascent sell off to a recovery bounce. After four days of gains, markets finished the week slow close to, or at resistance. Shorts may find opportunities in Tech indices.
USD/JPY failed to break below 108.13 and rebounded from 108.26. A break above 110.94 key resistance could signal completion of the downside movement from 114.49, then another rise to retest 115.50 resistance could be seen. However, as long as 110.94
Financial markets will look away from the US for the first time in weeks as monetary policy announcements from the ECB, the RBA and BOC enter the spotlight. US Dollar Forecast: US Dollar Resilience May Foreshadow Gains as Data Flow Slows The
The breakout in gold did a nice intraday retest of 1300.
